Guess it will be down to the large holders. Will they hold out for a sweeter deal, or consider the offer as fair value?
Any marginal bidder in the wings may be running the numbers based on current exchange rate. A drop below 75c may flush out a small counter bidder. $30 would be what the current bid is worth based on the forex rate drop since the initial bid. Would it be enough for the board to waver?
Take Over, page-12
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $74.27M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $356.3K | 2.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 2482400 | 31 |
View Market Depth
| Last trade - 15.59pm 09/08/2024 (20 minute delay) ? |
| SRX (ASX) Chart |